2022-02-02T13:46:28-06:00 2021-06-30 421029744 TDT CPAS AND ADVISORS PC 1245 JORDAN CREEK PKWY SUITE 100 WEST DES MOINES IA 502662300 990 2020-07-01 420707120 WILLIAM PENN UNIVERSITY WILL 6416731001 201 TRUEBLOOD AVE OSKALOOSA IA 52577 BONNIE L JOHNSON CFO 6416731001 2022-02-01 true BONNIE JOHNSON XXX-XX-XXXX DAN MONTGOMERY CPA P02183410 5156575800 2022-02-02 2020 2022-09-23 18:48:47Z BONNIE L JOHNSON NORTH MARKET AND TRUEBLOOD AVE OSKALOOSA IA 52577 45631181 false X WWW.WMPENN.EDU X 1873 IA WILLIAM PENN UNIVERSITY PROVIDES THE OPPORTUNITY FOR AN EDUCATIONAL EXPERIENCE WITH A FOCUS ON LEADERSHIP, TECHNOLOGY, AND THE QUAKER PRINCIPLES OF SIMPLICITY, PEACE-MAKING, INTERGRITY, COMMUNITY AND EQUALITY. 18 17 770 50 13820 7956565 9494790 31986660 35327841 203446 514407 -56461 134176 40090210 45471214 15970523 17843337 0 10440532 10712241 0 506147 12276341 12797344 38687396 41352922 1402814 4118292 76786240 77652968 50995970 46958688 25790270 30694280 WILLIAM PENN UNIVERSITY PROVIDES THE OPPORTUNITY FOR AN EDUCATIONAL EXPERIENCE WITH A FOCUS ON LEADERSHIP, TECHNOLOGY, AND THE QUAKER PRINCIPLES OF SIMPLICITY, PEACE-MAKING, INTERGRITY, COMMUNITY AND EQUALITY. false false 25926584 17843337 30664147 INSTRUCTION AND ACADEMIC SUPPORT PROVIDED TO 1,505 FULL AND PART-TIME STUDENTS. ALSO PROVIDED SCHOLARSHIPS AND GRANTS TO STUDENTS. 4356838 4401928 QUALITY FOOD SERVICES PROVIDED AT REASONABLE COST TO STUDENTS, FACULTY AND STAFF. SUPPORT AND MAINTENANCE OF STUDENT DORMITORIES ON CAMPUS, INCLUDING STAFFING RESIDENT ADVISORS AND VENDING SERVICES FOR STUDENTS. 6855131 261766 STUDENTS SERVICES, INCLUDING STUDENT DEVELOPMENT, ACADEMIC AND CAREER COUNSELING, INTERCOLLEGIATE ATHLETICS, FINANCIAL ASSISTANCE AND OTHER SERVICES, WAS PROVIDED TO 1,505 FULL AND PART TIME STUDENTS. COST OF SALES, SUPPORT AND MAINTENANCE OF CAMPUS BOOKSTORE FOR STUDENTS, FACULTY AND STAFF. 37138553 true true false true false false false true false true true false false true true true false true true false false false false false false false false false true true false false false false true false false true false false false false true true true true false false true 70 0 true 770 true true true false false false false true true false false false false false false X 18 17 true false false false false false false true true false false false true true true true true true true false X BONNIE JOHNSON 6416731001 NORTH MARKET AND TRUEBLOOD AVENUE OSKALOOSA IA 52577 DAVID AHMAD TRUSTEE 2.00 X 0 0 0 JOE P CROOKHAM VICE CHAIRMA 2.00 X X 0 0 0 RITA DAVIS LEFT OCT 2020 TRUSTEE 2.00 X 0 0 0 MICHAEL GATES TRUSTEE 2.00 X 0 0 0 KAYE DELANGE TRUSTEE 2.00 X 0 0 0 RON BRYAN JOINED MAY 2021 TRUSTEE 2.00 X 0 0 0 KEVIN DERONDE TRUSTEE 2.00 X 0 0 0 JERRY N ELLIS CHAIRMAN 2.00 X X 0 0 0 TOM FRANKS TRUSTEE 2.00 X 0 0 0 SYLIVA GRAVES TRUSTEE 2.00 X 0 0 0 CHRIS HYLAND TRUSTEE 2.00 X 0 0 0 IRVING JONES TRUSTEE 2.00 X 0 0 0 REGINALD MARTIN TRUSTEE 2.00 X 0 0 0 GORDAN MOORE TRUSTEE 2.00 X 0 0 0 ERIC NICHOLS TRUSTEE 2.00 X 0 0 0 RUTH NEUBERT TRUSTEE 2.00 X 0 0 0 JOHN OTTOSSON PRESIDENT 2.00 X X 200609 0 22461 SAMUEL H RITCHIE LEFT MAY 2021 TRUSTEE 2.00 X 0 0 0 ROBERT SCHULTZE TRUSTEE 2.00 X 0 0 0 TOM SHOWALTER LEFT MAY 2021 TRUSTEE 2.00 X 0 0 0 ROBERT TALBOT TRUSTEE 2.00 X 0 0 0 GUY VANDER LINDEN LEFT OCT 2020 TRUSTEE 2.00 X 0 0 0 NOEL STAHLE VP OF ACADEM 40.00 X 103007 0 17525 BONNIE L JOHNSON CFO 40.00 X 123045 0 24760 TODD HAFNER FOOTBALL CO 40.00 X 101259 0 23033 JARED PEARCE FACULTY 40.00 X 100155 0 22988 628075 110767 8 false true false SODEXO SERVICES 4880 PAYSPHERE CIRCLE CHICAGO IL 60674 FOOD SERVICE 2275598 SODEXO FACILITIES INC 4880 PAYSPHERE CIRCLE CHICAGO IL 60674 FACILITIES 1591989 NEUMANN CONSTRUCTION INC PO BOX 1315 DES MOINES IA 50305 CONSTRUCTION 1382196 EXCEL MECH CO 5636 NE 17TH ST DES MOINES IA 503131616 MECHANICAL 689835 MAHASKA COMMUNICATIONS GROUP PO BOX 1038 OSKALOOSA IA 52577 MEDIA SERVICES 192922 7 1007303 8487487 1751 9494790 STUDENT TUITION AND FEES 611600 30664147 30664147 BOARD 721310 2297737 2297737 ROOM 611710 2104191 2104191 OTHER PROGRAM INCOME 722210 222837 222837 BOOKS AND OTHER SUPPLIES 451211 38929 38929 35327841 180906 180906 14744 14744 58310 157650 -99340 -99340 13820 -113160 335818 2317 333501 333501 333501 STATESMEN LANES 713990 218772 218772 218772 45471214 30664147 13820 5298457 17843337 17843337 396832 396832 8170751 7010289 926554 233908 309038 270928 38110 1232046 1046741 185305 603574 500795 102779 38828 38828 94165 94165 416299 153979 43523 218797 6870 6870 96462 28766 40955 26741 2837673 2737518 100155 432935 414174 17513 1248 1387425 1372817 14608 1627351 1610585 16766 385296 376719 8577 FOOD SERVICE CONTRACT 2011246 2011246 SUPPLIES 951810 807214 119143 25453 MISCELLANEOUS 826361 157287 669074 CONTRACT SERVICES 734383 70736 663647 950240 725422 224818 41352922 37138553 3708222 506147 1660944 1015962 122452 146540 664472 914058 3388262 3299942 380944 479204 85085023 33905876 51578460 51179147 2433769 3101400 1510000 1700000 15046937 15816715 76786240 77652968 2593416 3209443 757535 700900 44282265 41703715 24200 24200 3338554 1320430 50995970 46958688 X 9402245 13545971 16388025 17148309 25790270 30694280 76786240 77652968 X 4118292 576741 208977 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false true 1368 false false false 1368 false 3043375 X X X false 6693989 125925 623233 225065 7218082 6550979 171810 1000 29800 6693989 6546099 44486 69286 108892 6550979 6282007 277068 147888 160864 6546099 6146187 48506 277152 189838 6282007 1.00000 false false 1402751 1402751 65269362 18222011 47047351 18412910 15683865 2729045 51179147 BENEFICIAL INTEREST IN PERTETUAL TRU 6840093 CONSTRUCTION IN PROGRESS 3284015 COLLECTIBLES 3043375 REMAINDER INTEREST TRUSTS 1515593 LIBRARY BOOKS 654025 LOAN INTEREST RECEIVABLE 398683 DEBT SERVICE FUND 80931 15816715 US GOVERNMENT GRANTS REFUNDABLE 1320430 1320430 X SCHEDULE D, PAGE 2, PART III, LINE 4 THE UNIVERSITY MAINTAINS A COLLECTION OF MIDDLE EAST ARTIFACTS AND A REPLICA OF THE JING YUNG BELL FOR PURPOSES OF PUBLIC EXHIBIT AND RESEARCH. SCHEDULE D, PAGE 2, PART V, LINE 4 ENDOWMENT FUNDS CONSIST OF APPROXIAMTELY 108 INDIVIDUAL FUNDS ESTABLISHED FOR SCHOLARSHIPS, GRANTS AND UNRESTRICTED PURPOSES FOR THE UNIVERSITY. ONLY REVENUE EARNED BY THE PORTFOLIO OF INVESTMENTS CAN BE USED FOR THE INTENDED PURPOSE. SCHEDULE D, PAGE 3, PART X THE UNIVERSITY HAS A TAX DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE STATING IT QUALIFIES UNDER THE PROVISION OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES. AS SUCH, THE UNIVERSITY IS SUBJECT TO FEDERAL INCOME TAXES ONLY ON ANY NET UNRELATED BUSINESS INCOME UNDER THE PROVISIONS OF SECTION 511 OF THE INTERNAL REVENUE CODE. true true true true true true true false false false false false false false false true false true SCHEDULE E, LINE 3 NONDISCRIMINATION POLICY NOTED IN ALL PUBLIC ADVERTISING, UNIVERSITY CATALOGS AND FINANCIAL AID LITERATURE. SCHEDULE E, LINE 6 WE RECEIVE PELL AND SEOG GRANTS FROM THE FEDERAL GOVERNMENT. THE PELL GRANT IS AWARDED TO INDIVIDUAL STUDENTS BASED ON NEED WHICH IS DEFINED BY THE FEDERAL GOVERNMENT THROUGH THE FASFA APPLICATION. SEOG IS AWARDED BY THE INSTITUTION BASED ON NEED WHICH IS DERIVED FROM THE FASFA APPLICATION. WE ALSO RECEIVE DIRECT SUBSIDIZED AND UNSUBSIDIZED AND PLUS LOANS WHICH ARE DIRECT LOANS BETWEEN STUDENTS AND THE GOVERNMENT. THESE ARE AWARDED TO STUDENTS AND ARE DISBURSED AFTER AN APPLICATION PROCESS BETWEEN THE STUDENT AND THE GOVERNMENT. WE ALSO RECEIVE AN IOWA TUITION GRANT FROM THE STATE OF IOWA WHICH IS AWARDED TO INDIVIDUAL STUDENTS BASED ON NEED. WE ALSO RECEIVED VOCATIONAL REHAB GRANTS AND VA BENEFITS WHICH ARE AWARDED TO SPECIFIC STUDENTS BASED ON CRITERIA FROM THOSE ORGANIZATIONS. true INSTITUTION SCHOLARSHIPS 1283 17362883 CASH FEDERAL SEOG 687 468988 CASH VOCATIONAL REHAB GRANTS 3 11466 CASH SCHEDULE I, PAGE 1, PART I, LINE 2 THE UNIVERSITY HAS A FINANCIAL AID DEPARTMENT WHOSE STAFF IS TRAINED AND CONTINUOUSLY EDUCATED REGARDING FEDERAL FINANCIAL AID RULES AND REGULATIONS. THE STAFF OF THE UNIVERSITY DETERMINES THE FINANCIAL NEED OF THE STUDENT AND DETERMINES THE AMOUNT OF FINANCIAL ASSISTANCE THAT CAN BE AWARDED TO THE STUDENT BASED ON FEDERAL RULES AND REGULATIONS. THE FINANCIAL AID STAFF ALSO AWARDS GRANTS AND SCHOLARSHIPS BASED ON ENDOWED GIFTS THAT COMPLY WITH THE TERMS OF THE ENDOWED GIFTS. X true true X X X X false false false false false false false false false JOHN OTTOSSON PRESIDENT 200609 10373 12088 223070 26600 SCHOLARSHIPS TUITION ASSISTANCE MAHASKA COMM GROUP MCG SEE PART V 192922 PHONE/INTERNET false SCHEDULE L, PART V SCHEDULE L, PART IV, LINE (1), COLUMN (B): MAHASKA COMMUNICATION GROUP (MCG) IS A WHOLLY OWNED SUBSIDIARY OF MUSCO CORPORATION. JOE CROOKHAM, BOARD OFFICER, AND HIS IMMEDIATE FAMILY ARE THE MAJORITY SHAREHOLDERS OF MUSCO CORPORATION. JOE CROOKHAM IS ALSO PRESIDENT AND CEO OF BOTH ENTITIES. FORM 990, PAGE 6, PART VI, LINE 2 JOE CROOKHAM CHRIS HYLAND VICE CHAIR TRUSTEE BUSINESS RELATIONSHIP FORM 990, PAGE 6, PART VI, LINE 11B COPY OF FORM 990 WAS REVIEWED BY THE FINANCE COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 12C EVERY BOARD MEMBER, ADMINISTRATOR, OR PERSON WHO HAS CONTROL OVER A BUDGET, COMPLETES A CONFLICT OF INTEREST FORM. THEY ARE REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES. FORM 990, PAGE 6, PART VI, LINE 15A THE ORGANIZATION USED COMPARABLE DATA TO DETERMINE THE AMOUNT OF EXECUTIVE COMPENSATION FOR THE PRESIDENT AND OTHER OFFICERS AND TOP MANAGEMENT. FORM 990, PAGE 6, PART VI, LINE 15B THE ORGANIZATION USED COMPARABLE DATA TO DETERMINE THE AMOUNT OF EXECUTIVE COMPENSATION FOR THE PRESIDENT AND OTHER OFFICERS AND TOP MANAGEMENT. FORM 990, PAGE 6, PART VI, LINE 19 ARTICLES OF INCORPORATION AND BY-LAWS ARE AVAILABLE UPON REQUEST TO THE BUSINESS OFFICE OF THE ORGANIZATION. FORM 990, PART XI, LINE 9 SCHOLARSHIPS AND GRANTS 17,843,337 SCHOLARSHIPS AND GRANTS -17,843,337 WPU REAL ESTATE FOUNDATION LLC 201 TRUEBLOOD AVENUE OSKALOOSA IA 52577 474400135 REAL ESTAT IA WPU STATESMEN LANES & COMMUNITY EVENT C 1700 A AVENUE EAST OSKALOOSA IA 52577 BOWLING IA 218772 410000 WPU BLANCHE JOHNSON TRUST 124 SOUTH FIRST STREET OSKALOOSA IA 52577 426613277 RENTAL REA IA 501C3 12D NA false false false true false false false false false false false false false false false false false false false false BLANCHE JOHNSON TRUST C 225899 FAIR VALUE